Corporate
Realty
Consultants
Corporate
Realty
Consultants
Situation:
Progressive tasked CRC to find 9,000 sq. ft. of Class B+ - A- office space. Port St. Lucie is primarily a bedroom community. Most of the city was not designed and plotted to accommodate larger office buildings. A strong demand for office space and a lack of inventory made finding suitable space a challenge.
Results:
✦ CRC increased competition for Progressive’s tenancy by including retail and flex space.
✦ By creating competition, CRC was able to save $701,000!
✦ CRC secured space in an A- multi-floored office building at a major intersection.
Progressive Insurance – Port St. Lucie, FL
Building Type: Office
Sq. Ft.: 9,000
Saved $: $701k
Tenant Representation
Copyright - Corporate Realty Consultants - 2010